Thursday, June 20, 2024

This London non-profit is now one of the biggest backers of geoengineering research

A deep dive from MIT's Technology Review, June 14:

Plus, Simons, EDF and a new venture backed by Meta’s former CTO are poised to pour tens of millions more into the controversial field.

A London-based nonprofit is poised to become one of the world’s largest financial backers of solar geoengineering research. And it’s just one of a growing number of foundations eager to support scientists exploring whether the world could ease climate change by reflecting away more sunlight.

Quadrature Climate Foundation, established in 2019 and funded through the proceeds of the investment fund Quadrature Capital, plans to provide $40 million for work in this field over the next three years, Greg De Temmerman, the organization’s chief science officer, told MIT Technology Review

That’s a big number for this subject—double what all foundations and wealthy individuals provided from 2008 through 2018 and roughly on par with what the US government has offered to date. 

“We think we can have a very strong impact in accelerating research, making sure it’s happening, and trying to unlock some public money at some point,” De Temmerman says.

Other nonprofits are set to provide tens of millions of dollars’ worth of additional grants to solar geoengineering research or related government advocacy work in the coming months and years. The uptick in funding will offer scientists in the controversial field far more support than they’ve enjoyed in the past and allow them to pursue a wider array of lab work, modeling, and potentially even outdoor experiments that could improve our understanding of the benefits and risks of such interventions. 

“It just feels like a new world, really different from last year,” says David Keith, a prominent geoengineering researcher and founding faculty director of the Climate Systems Engineering Initiative at the University of Chicago.

Other nonprofits that have recently disclosed funding for solar geoengineering research or government advocacy, or announced plans to provide it, include the Simons Foundation, the Environmental Defense Fund, and the Bernard and Anne Spitzer Charitable Trust. 

In addition, Meta’s former chief technology officer, Mike Schroepfer, told MIT Technology Review he is spinning out a new nonprofit, Outlier Projects. He says it will provide funding to solar geoengineering research as well as to work on ocean-based carbon removal and efforts to stabilize rapidly melting glaciers.

Outlier has already issued grants for the first category to the Environmental Defense Fund, Keith’s program at the University of Chicago, and two groups working to support research and engagement on the subject in the poorer, hotter parts of the world: the Degrees Initiative and the Alliance for Just Deliberation on Solar Geoengineering.

Researchers say that the rising dangers of climate change, the lack of progress on cutting emissions, and the relatively small amount of government research funding to date are fueling the growing support for the field.

“A lot of people are recognizing the obvious,” says Douglas MacMartin, a senior research associate in mechanical and aerospace engineering at Cornell, who focuses on geoengineering. “We’re not in a good position with regard to mitigation—and we haven’t spent enough money on research to be able to support good, wise decisions on solar geoengineering.”

Scientists are exploring a variety of potential methods of reflecting away more sunlight, including injecting certain particles into the stratosphere to mimic the cooling effect of volcanic eruptions, spraying salt toward marine clouds to make them brighter, or sprinkling fine dust-like material into the sky to break up heat-trapping cirrus clouds.

Critics contend that neither nonprofits nor scientists should support studying any of these methods, arguing that raising the possibility of such interventions eases pressure to cut emissions and creates a “slippery slope” toward deploying the technology. Even some who support more research fear that funding it through private sources, particularly from wealthy individuals who made their fortunes in tech and finance, may allow studies to move forward without appropriate oversight and taint public perceptions of the field.

The sense that we’re “putting the climate system in the care of people who have disrupted the media and information ecosystems, or disrupted finance, in the past” could undermine public trust in a scientific realm that many already find unsettling, says Holly Buck, an assistant professor at the University of Buffalo and author of After Geoengineering.

‘Unlocking solutions’
One of Quadrature’s first solar geoengineering grants went to the University of Washington’s Marine Cloud Brightening Program. In early April, that research group made headlines for beginning, and then being forced to halt, small-scale outdoor experiments on a decommissioned aircraft carrier sitting off the coast of Alameda, California. The effort entailed spraying a mist of small sea salt particles into the air. 
 
Quadrature was also one of the donors to a $20.5 million fund for the Washington, DC, nonprofit SilverLining, which was announced in early May. The group pools and distributes grants to solar geoengineering researchers around the world and has pushed for greater government support and funding for the field. The new fund will support that policy advocacy work as well as efforts to “promote equitable participation by all countries,” Kelly Wanser, executive director of SilverLining, said in an email....